Barney Frank: Signature Bank’s closure was a message that “Crypto is toxic.”
Barney Frank’s Claims
An ex-congressman and the man behind the Dodd-Frank Act, Barney Frank, has said that Signature Bank was shuttered in part to attack the digital asset industry. The former lawmaker, who is also a Signature Bank board member, said that regulators targeted the bank to send an “anti-crypto message.”
Third-Largest Bank Failure in U.S. History
Signature Bank’s closure marks the third-largest bank failure in...
Bankruptcy, Crypto regulation, Cryptocurrencies, People in crypto, Signature Bank, Silicon Valley Bank (SVB)